London-based digital news editor for CNBC International, tracking breaking news across Europe, Middle East and Asia.
Europe’s battle for power spurs evolution of a new ecosystem for energy-hungry firms
The boom in artificial intelligence, a pressing need for more data centers and the energy transition story — particularly in transportation — are all spurring demand for electricity, and the existing...
How China’s DeepSeek could boost the already booming data center market
The emergence of cheaper and more efficient AI models off the back of China’s DeepSeek could reshape demand for data centers, boosting a sector that investors were already heavily betting would continue to boom....
Black British entrepreneurs find new ways to land funding as diversity efforts are scrapped
Black founders in the U.K. are looking to buck the trend of declines in funding by targeting high-profile investors and by adopting a more community-focused approach that includes the support of “family and friends” funding rounds....
AI boom thrusts Europe between power-hungry data centers and environmental goals
The boom in artificial intelligence is ushering in an environmentally conscious shift in how data centers operate, as European developers face pressure to lower the water temperatures of their energy-hungry facilities to accommodate the higher-powered chips of firms such as tech giant Nvidia...
What buying Commerzbank would mean for UniCredit — and the banking sector
UniCredit’s move to take a stake in German lender Commerzbank is raising questions on whether a long awaited cross-border merger could spur more acquisitions and shake up the European banking sector....
Europe wants to send data centers into space — study says it’s possible
The rise of artificial intelligence is skyrocketing demand for data centers to keep pace with the growing tech sector — and pushing Europe to explore space options for digital storage, in a bid to reduce its need for energy-hungry facilities on the ground....
Betting scandal inside the UK’s ruling Conservative Party mars election race
LONDON — Britain’s ruling Conservative party has become embroiled in a scandal concerning allegations that senior officials used inside knowledge to win bets on the date of the general election....
Adidas shares rise 6% after first-quarter profit hike, improved outlook
Shares of Adidas jumped 6.3% on Wednesday after the company unexpectedly raised its full-year guidance and reported a year-on-year profit increase in the first quarter....
EU Regulator Set to Decide on Wegovy’s Heart Benefits in April
The European Medicines Agency expects to decide in April whether Novo Nordisk A/S’s weight-loss drug Wegovy can also be used to treat heart patients with obesity, said Executive Director Emer Cooke...
Russia Loses Bid to Overturn $50 Billion Award in Yukos Case
Russia failed to overturn a ruling in the Netherlands that ordered Moscow to pay around $50 billion in the bankruptcy case of Yukos Oil Co., once the largest Russian oil and gas company....
DSM-Firmenich Weighs Animal Unit Sale on Weak Vitamin Market
DSM-Firmenich AG is considering the sale of its animal, nutrition and health unit in a bid to reduce its exposure to a deteriorating vitamin market. The shares jumped.
Ahold Delhaize Rises Most in a Year as Profit Tops Estimates
Royal Ahold Delhaize NV’s shares jumped the most in a year as cost-cutting programs and easing inflation helped drive earnings at the grocer...
Dutch Court Orders Halt of F-35 Parts Shipment to Israel
A Dutch court ordered the Netherlands to halt shipments of F-35 fighter jet parts to Israel, citing a “clear risk” of human-rights law violations amid the ongoing military assault in the Gaza Strip...
Just Eat Orders Drop as Customers Opt for Fewer Takeaways
Just Eat Takeaway.com NV reported a steeper decline in orders than analysts anticipated in the fourth quarter as customers continue to cut back on food deliveries...
European EV Charging Firm Welcomes Chinese Cars With Open Arms
Fastned BV, a Dutch developer of electric-vehicle charging stations, said it’s poised to benefit from cheaper Chinese models coming to Europe this year even as Brussels seeks to fend off their influx...